SEC Form 4 · accession 0000950142-17-001476
UCP, Inc. · UCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dustin L. Bogue
Officer — PRESIDENT AND CEO · Director
Period of report
Aug 4, 2017
Accepted (ET)
Aug 8, 2017 · 10:54 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001572684
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Aug 4, 2017 | D | 14,673 | — | D | 0 | D | |
| Class A Common StockF2 | Aug 4, 2017 | D | 7,716 | — | D | 0 | D | |
| Class A Common StockF3 | Aug 4, 2017 | D | 60,086 | — | D | 0 | D | |
| Class A Common StockF4 | Aug 4, 2017 | D | 56,607 | — | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock OptionsF5 | $16.20 | Aug 4, 2017 | D | 54,921 | D | — | Feb 26, 2024 | Common Stock | 54,921 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to merger agreement between Issuer and Century Communities, Inc. in exchange for 3,387 shares of Century Communities, Inc. common stock and $78,065.66 in cash.
- F2Mr. Bogue was granted 19,290 restricted stock units, with a vesting schedule as follows: 10% on February 26, 2015, 20% on February 26, 2016, 30% on February 26, 2017 and 40% on February 26, 2018. The restricted stock units were disposed of pursuant to merger agreement between Issuer and Century Communities, Inc. in exchange for 3,367 restricted stock units of Century Communities, Inc.
- F3Mr. Bogue was granted 75,107 restricted stock units, with a vesting schedule as follows: 1/5th on January 1, 2017, 1/5th on January 1, 2018, 1/5th on January 1, 2019, 1/5th on January 1, 2020 and 1/5th on January 1, 2021. The restricted stock units were disposed of pursuant to merger agreement between Issuer and Century Communities, Inc. in exchange for 26,222 restricted stock units of Century Communities, Inc.
- F4Mr. Bogue was granted 56,607 restricted stock units, which will vest as follows: 1/5th on February 1, 2018, 1/5th on February 1, 2019, 1/5th on February 1, 2020, 1/5th on February 1, 2021, and 1/5th on February 1, 2022. The restricted stock units were disposed of pursuant to merger agreement between Issuer and Century Communities, Inc. in exchange for 24,703 restricted stock units of Century Communities, Inc.
- F5Mr. Bogue was granted 54,921 stock options, with a vesting schedule as follows: 10% on February 26, 2015, 20% on February 26, 2016, 30% on February 26, 2017 and 40% on February 26, 2018. These stock options were cancelled in the merger between Issuer and Century Communities, Inc.